It goes without saying that the associate salary wars are over. Firms have responded to a drop in business and a glut of talent with salary freezes and cuts, or even a wholesale revamping of pay scales. And some industry experts predict that market rates will blur further as more firms shift from lockstep models to merit-based compensation. But the retrenching effort so far hasn't affected first-years nearly so much as midlevel associates, according to The Recorder's annual survey of associate salaries.
Associate Salaries: The War is Over
October 6, 2009